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Canpotex Ltd., the international marketing and distribution company for three major Saskatchewan-based potash producers, announced that it has signed a contract to sell 670,000 tonnes of fertilizer to two Indian companies. Coromandel International and Tata Chemicals, both India-based fertilizer producers, will buy 50% of those volumes at US$470 per tonne in the fourth quarter of 2011. The rest will be bought at US$530 per tonne during the first quarter of 2012. The three members of Canpotex include Agrium Inc., Potash Corp. of Saskatechewan and Mosaic Co.
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